Velox Labs Private Limited

Sells mobiles and electronics through trading.

2017 | Allahabad, Uttar Pradesh (India) | Active
Last Updated: January 15, 2025

Velox Labs Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth 183.06%
  • Profit Growth 82.72%
  • Ebitda 321.98%
  • Net Worth 172.38%
  • Total Assets 91.30%

About Velox Labs

Velox Labs Private Limited (VLPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 March 2017 (Seven years and 11 months 4 days old ). Its registered office is in Allahabad, Uttar Pradesh, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.00 Cr.

Amit Dhawan and Mohammed Ajmal serve as directors at the Company.

Company Details

  • Location

    Allahabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74110UP2017PTC090913

  • Company No.

    090913

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Consumer Electronics & Durables
Business Outsourcing

Who are the key members and board of directors at Velox Labs?

Board Members (2)

Name Designation Appointment Date Status
Mohammed Ajmal Country flag representing In Director 17-May-2021 Current
Amit Dhawan Country flag representing Gb Director 01-Mar-2017 Current

Financial Performance of Velox Labs.

Velox Labs Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 183.06% increase. The company also saw a substantial improvement in profitability, with a 82.72% increase in profit. The company's net worth Soared by an impressive increase of 172.38%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
183.06%
Revenue from Operations
184.86%
Total Assets
91.30%
Profit or Loss
82.72%
Net Worth
172.38%
EBITDA
321.98%

What is the Ownership and Shareholding Structure of Velox Labs?

In 2023, Velox Labs had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
17 Feb 2024 Hdfc Bank Limited ₹1.00 Cr Open

How Many Employees Work at Velox Labs?

Velox Labs has a workforce of 650 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Velox Labs, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Velox Labs's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Velox Labs

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100872651 was registered on 17 Feb 2024.

    17 Feb 2024

  • Annual General Meeting

    Velox Labs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Velox Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

    31 Mar 2023

  • Director Appointment

    Mohammed Aamir Ajmal was appointed as a Director was appointed as a Director on 17 May 2021 & has been associated with this company since 3 years 8 months .

    17 May 2021

  • Director Appointment

    Amit Dhawan was appointed as a Director was appointed as a Director on 01 Mar 2017 & has been associated with this company since 7 years 11 months .

    01 Mar 2017

  • Company Incorporation

    Velox Labs Private Limited was registered on 01 Mar 2017 with Roc Kanpur & aged 7 years 11 months as per MCA records.

    01 Mar 2017

Frequently asked questions

  • Velox Labs Private Limited was incorporated on 01 Mar 2017.

  • The authorized share capital of Velox Labs Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Velox Labs Private Limited.

    • Amit Dhawan
    • Mohammed Aamir Ajmal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Velox Labs Private Limited is 16/34, Acharya Narendra Dev Marg India, Allahabad, Uttar Pradesh, 211002.

  • The corporate identification number (CIN) of Velox Labs Private Limited is U74110UP2017PTC090913 and the company number is 090913 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Velox Labs Private Limited has risen by 183.06%.

  • As Per 2023 financial reports, 650 employees are currently employed by Velox Labs Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Velox Labs Private Limited has experienced an upsurge of 172.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Velox Labs Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Velox Labs Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Business & IT Consulting